Chevron Corp Stock Analysis

CVX Stock  USD 161.14  1.53  0.94%   
Chevron Corp is overvalued with Real Value of 153.54 and Target Price of 178.17. The main objective of Chevron Corp stock analysis is to determine its intrinsic value, which is an estimate of what Chevron Corp is worth, separate from its market price. There are two main types of Chevron Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Chevron Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Chevron Corp's stock to identify patterns and trends that may indicate its future price movements.
The Chevron Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Chevron Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Chevron Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Chevron Corp's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Chevron Stock Analysis Notes

About 67.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chevron Corp recorded earning per share (EPS) of 10.88. The entity last dividend was issued on the 16th of May 2024. The firm had 2:1 split on the 13th of September 2004. Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. Chevron Corporation was founded in 1879 and is based in San Ramon, California. Chevron Corp operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 42595 people. For more info on Chevron Corp please contact Michael Wirth at 925 842 1000 or go to https://www.chevron.com.

Chevron Corp Quarterly Total Revenue

46.74 Billion

Chevron Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Chevron Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Chevron Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Chevron Corp has a poor financial position based on the latest SEC disclosures
About 67.0% of the company shares are held by institutions such as insurance companies
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Chevron Corp Upcoming and Recent Events

Earnings reports are used by Chevron Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chevron Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of April 2024
Upcoming Quarterly Report
View
26th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
7th of February 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Chevron Largest EPS Surprises

Earnings surprises can significantly impact Chevron Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-04-22
1999-03-310.250.22-0.0312 
2016-04-29
2016-03-31-0.16-0.110.0531 
1998-07-23
1998-06-300.380.440.0615 
View All Earnings Estimates

Chevron Corp Environmental, Social, and Governance (ESG) Scores

Chevron Corp's ESG score is a quantitative measure that evaluates Chevron Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Chevron Corp's operations that may have significant financial implications and affect Chevron Corp's stock price as well as guide investors towards more socially responsible investments.

Chevron Corp Thematic Classifications

In addition to having Chevron Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks
Petroleum and Natural Gas Idea
Petroleum and Natural Gas
USA Equities from Petroleum and Natural Gas industry as classified by Fama & French
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Impulse Idea
Impulse
Macroaxis evolving impulse stocks

Chevron Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Chevron Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chevron Corp backward and forwards among themselves. Chevron Corp's institutional investor refers to the entity that pools money to purchase Chevron Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Wells Fargo & Co2023-12-31
18.2 M
Ameriprise Financial Inc2023-12-31
16.1 M
Franklin Resources Inc2023-12-31
15.6 M
Capital World Investors2023-12-31
15.5 M
Bank Of New York Mellon Corp2023-12-31
15.4 M
Amvescap Plc.2023-12-31
15.3 M
Goldman Sachs Group Inc2023-12-31
14.6 M
Legal & General Group Plc2023-12-31
13.8 M
State Farm Mutual Automobile Ins Co2023-12-31
13.3 M
Vanguard Group Inc2023-12-31
161.5 M
Blackrock Inc2023-12-31
129.7 M
Note, although Chevron Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chevron Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 296.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chevron Corp's market, we take the total number of its shares issued and multiply it by Chevron Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Chevron Profitablity

Chevron Corp's profitability indicators refer to fundamental financial ratios that showcase Chevron Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Chevron Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Chevron Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Chevron Corp's profitability requires more research than a typical breakdown of Chevron Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed 0.13  0.21 
Return On Assets 0.08  0.08 
Return On Equity 0.13  0.14 

Management Efficiency

Chevron Corp has Return on Asset of 0.0615 % which means that on every $100 spent on assets, it made $0.0615 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1264 %, implying that it generated $0.1264 on every 100 dollars invested. Chevron Corp's management efficiency ratios could be used to measure how well Chevron Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Chevron Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Chevron Corp's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 274.7 B in 2024, whereas Total Assets are likely to drop slightly above 171.8 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 85.94  90.23 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 83.93  88.13 
Enterprise Value Over EBITDA 6.27  6.58 
Price Book Value Ratio 1.74  2.06 
Enterprise Value Multiple 6.27  6.58 
Price Fair Value 1.74  2.06 
Enterprise Value144.1 B151.3 B
The analysis of Chevron Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Chevron Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Chevron Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0405
Forward Dividend Yield
0.0405
Forward Dividend Rate
6.52
Beta
1.107

Technical Drivers

As of the 21st of May, Chevron Corp shows the risk adjusted performance of 0.0562, and Mean Deviation of 0.6814. Chevron Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Chevron Corp, which can be compared to its peers. Please confirm Chevron Corp market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Chevron Corp is priced correctly, providing market reflects its regular price of 161.14 per share. Given that Chevron Corp has jensen alpha of 0.038, we suggest you to validate Chevron Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Chevron Corp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Chevron Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Chevron Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Chevron Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chevron Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chevron Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chevron Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Chevron Corp Outstanding Bonds

Chevron Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chevron Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chevron bonds can be classified according to their maturity, which is the date when Chevron Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chevron Corp Predictive Daily Indicators

Chevron Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chevron Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Chevron Corp Corporate Filings

14th of May 2024
Other Reports
ViewVerify
F4
13th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10th of May 2024
Other Reports
ViewVerify
F4
6th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
2nd of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
29th of April 2024
Other Reports
ViewVerify
8K
26th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
24th of April 2024
Other Reports
ViewVerify

Chevron Corp Forecast Models

Chevron Corp's time-series forecasting models are one of many Chevron Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chevron Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Chevron Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chevron Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chevron shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Chevron Corp. By using and applying Chevron Stock analysis, traders can create a robust methodology for identifying Chevron entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.15  0.08 
Operating Profit Margin 0.15  0.15 
Net Profit Margin 0.11  0.11 
Gross Profit Margin 0.17  0.16 

Current Chevron Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chevron analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chevron analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
178.17Strong Buy24Odds
Chevron Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chevron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chevron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chevron Corp, talking to its executives and customers, or listening to Chevron conference calls.
Chevron Analyst Advice Details

Chevron Stock Analysis Indicators

Chevron Corp stock analysis indicators help investors evaluate how Chevron Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chevron Corp shares will generate the highest return on investment. By understating and applying Chevron Corp stock analysis, traders can identify Chevron Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow19.1 B
Total Stockholder Equity161 B
Capital Lease Obligations574 M
Property Plant And Equipment Net159 B
Cash And Short Term Investments8.5 B
Cash8.5 B
50 Day M A159.7954
Net Interest Income-469 M
Total Current Liabilities32.3 B
Forward Price Earnings12.4844
Interest Expense469 M
Stock Based Compensation85 M
Long Term Debt19.7 B
Common Stock Shares Outstanding1.9 B
Tax Provision8.2 B
Quarterly Earnings Growth Y O Y-0.142
Accounts Payable20.4 B
Net Debt17.6 B
Other Operating Expenses171.4 B
Non Current Assets Total220.5 B
Liabilities And Stockholders Equity261.6 B
Non Currrent Assets OtherB
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
6.16
Earnings Share
10.88
Revenue Per Share
103.611
Quarterly Revenue Growth
(0.04)
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.